$1.77
0.01[0.57%]
At close: Apr 25
$1.77
0[0.00%]
PreMarket: 6:20PM EDT
Planet Labs
(NYSE:PL)Planet Labs Stock (NYSE:PL), Analyst Ratings, Price Targets, Predictions
Planet Labs PBC has a consensus price target of $5.6, established from looking at the 40 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Citigroup, and Benchmark on April 12, 2024, April 4, 2024, and April 2, 2024. With an average price target of $4.03 between Goldman Sachs, Citigroup, and Benchmark, there's an implied 127.87% upside for Planet Labs PBC from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Citigroup
Benchmark
JMP Securities
Needham
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Planet Labs
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | PL | Buy Now | Planet Labs | $1.77 | 137.29% | Goldman Sachs | Noah Poponak | $4.8 → $4.2 | Maintains | Buy | Get Alert |
| 04/04/2024 | PL | Buy Now | Planet Labs | $1.77 | 120.34% | Citigroup | Jason Gursky | $4.5 → $3.9 | Maintains | Buy | Get Alert |
| 04/02/2024 | PL | Buy Now | Planet Labs | $1.77 | 125.99% | Benchmark | Josh Sullivan | $5 → $4 | Maintains | Buy | Get Alert |
| 04/01/2024 | PL | Buy Now | Planet Labs | $1.77 | 125.99% | JMP Securities | Trevor Walsh | $5.5 → $4 | Maintains | Market Outperform | Get Alert |
| 04/01/2024 | PL | Buy Now | Planet Labs | $1.77 | 295.48% | Needham | Ryan Koontz | → $7 | Reiterates | Buy → Buy | Get Alert |
| 12/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 69.49% | Craig-Hallum | Jeff Van Rhee | → $3 | Downgrade | Buy → Hold | Get Alert |
| 10/12/2023 | PL | Buy Now | Planet Labs | $1.77 | 295.48% | Needham | Ryan Koontz | → $7 | Reiterates | Buy → Buy | Get Alert |
| 09/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 176.84% | Citigroup | Jason Gursky | $6 → $4.9 | Maintains | Buy | Get Alert |
| 09/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 182.49% | Northland Capital Markets | Michael Latimore | $7 → $5 | Maintains | Outperform | Get Alert |
| 09/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 125.99% | Craig-Hallum | Jeff Van Rhee | $6 → $4 | Maintains | Buy | Get Alert |
| 09/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 182.49% | Benchmark | Josh Sullivan | $6.5 → $5 | Maintains | Buy | Get Alert |
| 09/08/2023 | PL | Buy Now | Planet Labs | $1.77 | 295.48% | Needham | Ryan Koontz | $8 → $7 | Maintains | Buy | Get Alert |
| 06/23/2023 | PL | Buy Now | Planet Labs | $1.77 | 210.73% | JMP Securities | Trevor Walsh | $5.5 → $5.5 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 06/16/2023 | PL | Buy Now | Planet Labs | $1.77 | 351.98% | Needham | Ryan Koontz | → $8 | Reiterates | Buy → Buy | Get Alert |
| 06/15/2023 | PL | Buy Now | Planet Labs | $1.77 | 210.73% | JMP Securities | Trevor Walsh | → $5.5 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 06/13/2023 | PL | Buy Now | Planet Labs | $1.77 | 295.48% | Goldman Sachs | Noah Poponak | $8 → $7 | Maintains | Buy | Get Alert |
| 06/12/2023 | PL | Buy Now | Planet Labs | $1.77 | 210.73% | Morgan Stanley | Matthew Sharpe | $6 → $5.5 | Maintains | Equal-Weight | Get Alert |
| 06/09/2023 | PL | Buy Now | Planet Labs | $1.77 | 210.73% | JMP Securities | Trevor Walsh | → $5.5 | Reiterates | → Market Outperform | Get Alert |
| 06/09/2023 | PL | Buy Now | Planet Labs | $1.77 | 267.23% | Benchmark | Josh Sullivan | $8 → $6.5 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Planet Labs (PL)?
The latest price target for Planet Labs (NYSE: PL) was reported by Goldman Sachs on April 12, 2024. The analyst firm set a price target for $4.20 expecting PL to rise to within 12 months (a possible 137.29% upside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Planet Labs (PL)?
The latest analyst rating for Planet Labs (NYSE: PL) was provided by Goldman Sachs, and Planet Labs maintained their buy rating.
When was the last upgrade for Planet Labs (PL)?
There is no last upgrade for Planet Labs.
When was the last downgrade for Planet Labs (PL)?
The last downgrade for Planet Labs PBC happened on December 8, 2023 when Craig-Hallum changed their price target from N/A to $3 for Planet Labs PBC.
When is the next analyst rating going to be posted or updated for Planet Labs (PL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Planet Labs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Planet Labs was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
Is the Analyst Rating Planet Labs (PL) correct?
While ratings are subjective and will change, the latest Planet Labs (PL) rating was a maintained with a price target of $4.80 to $4.20. The current price Planet Labs (PL) is trading at is $1.77, which is out of the analyst’s predicted range.
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